Many obstacles can hinder access to opioid treatment, including stigma, insufficient clinician training and lack of a care continuum. A new partnership between Acadia Healthcare (Nasdaq: ACHC) and Uber Health (NYSE: UBER) is tackling a crucial but less discussed barrier: transportation. “We talk a lot in this industry about access to care from a lot […]
Pharma giant Otsuka (OTCMKTS:OTSKY) is teaming up with Alphabet’s life science subsidiary Verily to launch a new longitudinal study to research depression and mental health. The study, called My Mental Health Journey, will use Verily’s technology to collect real-world data from individuals living with depression and mental health disorders. The goal of the research is […]
Value-based care and parity go hand-in-hand as the behavioral health industry continues to evolve beyond the fee-for-service paradigm. The interrelatedness of the two concepts often means that progress on one indirectly impacts the other. Moving toward either comes with several hurdles that require cash to fuel efforts to surmount them. Where things stand now, patients […]
Mental health tech startup Grow Therapy has raised $88 million in Series C, bringing its total raise to over $178 million. The New York City-based company will use the new funds to develop a system for measurement-informed care delivery and enhance its value-based care reporting. “We are committed to not only improving access but also […]
Teladoc’s (NYSE: TDOC) longtime CEO Jason Gorevic has stepped down amid the company’s ongoing struggles on the public market. The company’s Chief Financial Officer Marla Murthy will step in as acting CEO during the transition period, according to the Teladoc’s board of directors. Teladoc is one of the largest virtual care companies in the country. […]
Digital autism company EarliTec Diagnostics has raised $21.5 million in a Series B funding round. Decatur, Georgia-based EarliTec will use the cash to fund clinical research evaluating its early autism diagnosis technology. The technology aims to aid clinicians in diagnosing and assessing autism in toddlers. Nexus NeuroTech Ventures and Venture Investors Health Fund led the […]
Only one-third of Medicaid enrollees with opioid use disorder (OUD) receive treatment, according to the U.S. Department of Health and Human Services Office of Inspector General. Opioid addiction care provider Ophelia partnered with the health plan Highmark Wholecare to improve this statistic and extend OUD treatment access to people enrolled in Medicaid plans. Through the […]
Concerns that changing methadone prescription laws will materially impact behavioral health providers are overblown, according to an analyst note from Jefferies Financial Group. The relaxed buprenorphine laws have not substantially increased prescriptions. Therefore, on the business side, the softened methadone prescription regulations would not cause providers such as Acadia Healthcare (Nasdaq: ACHC) to lose a […]
The applied behavioral analysis (ABA) accreditation body the Behavioral Health Center of Excellence (BHCOE) announced a rebrand to Jade Health. The company cited the move as an intention to match its values with its branding. It will continue to use the name BHCOE Accreditation for its accreditation services but will use the name Jade Health […]
Providers are throwing caution flags on the field of virtual substance use disorder (SUD) treatment. Virtual SUD treatment boasts serious benefits, including convenience and accessibility, but not all patients are well-suited to receiving care through exclusively virtual means, industry insiders told Addiction Treatment Business. While virtual therapy may be the best fit for some patients […]
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